Jimbo Fisher and Florida State face Duke in the ACC title game on Saturday. / Melina Vastola, USA TODAY Sports

by Ira Schoffel, USA TODAY Sports

by Ira Schoffel, USA TODAY Sports

Jimbo Fisher has led Florida State back to No. 1 in the country, and the university's administration is rewarding him with a contract that will make him one of the nation's 10 highest-paid coaches.

The new five-year deal, which will be announced this week, is expected to pay him more than $4 million per year and run through the 2018 season. The deal was confirmed by two university sources in Charlotte during FSU's victory Saturday night against Duke in the ACC Championship Game.

Fisher previously was paid $2.75 million per season. The contract was first reported by the Palm Beach Post.

In his fourth season as head coach, Jimbo Fisher has helped Florida State to a perfect regular season (12-0 record) and a spot in the ACC championship game against Duke.

The Seminoles led the Blue Devils 38-0 after three quarters on Saturday night.

On Jan. 6 in Pasadena, Calif., Fisher will try to lead the Seminoles to the third national championship in school history. His star quarterback, Jameis Winston, is expected to win the Heisman Trophy next weekend.

Fisher, who replaced legendary head coach Bobby Bowden in January 2010, now has a 44-10 record in his first four seasons as a head coach.